Musk and Trump collaborated to establish the Department of Government Efficiency (DOGE) to promote radical reforms in the name of “streamlining government.” Its core goals are mainly to reduce government spending, digitally transform the bureaucratic system, and replace human decision-making with algorithms. This vigorous shutdown of USAID has also exposed the true colors of this previously mysterious DOGE team member. This may be just the beginning. The power map of the U.S. federal government is rapidly being reshaped.
2. “BTC sideways, copycat new low, is the bull market over?| Trader Observation》
BlockBeats
After Trump came to power, he had no significant policy promotion effect on the cryptocurrency market. In addition to the family WLFI fund’s constant purchase of coins, there were also some scandals that “may have a conspiracy to make a market” with the project party;Trump’s son demanded orders to buy ETH, and the fund was “suspected of secretly cutting off” ETH. The Trump administration’s pressure on Sec to cut interest rates did not work, and the establishment of the Cryptocurrency Committee and other government agencies have also made little noise.
Maximum increase & decrease
Token fluctuations on February 8, filtered and ranked by transaction volume
Top Gainer
1.$ POPCAT
2.$ UXLINK
3.$ BRISE
Top Loser
1.$ BERA
2.$ MOVE
3.$ ARC
data on the chain
Fund flow on the chain on February 8